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Published on 2/23/2021 in the Prospect News Distressed Debt Daily.

Suitable Technologies reports $140,831 net loss for January

By Sarah Lizee

Olympia, Wash., Feb. 23 – Suitable Technologies, Inc. reported a $140,831 net loss for the period ended Jan. 31 on $40 in net revenue, according to its monthly operating report filed Tuesday with the U.S. Bankruptcy Court for the District of Delaware.

The company had $38,674 in cash as of Jan. 31.

Suitable Technologies is a Palo Alto, Calif.-based internet services and infrastructure company. The company filed bankruptcy on Feb. 26, 2020 under Chapter 11 case number 20-10432.


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